Alpha Microsystems Extends Its Financing
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Alpha Microsystems, the Santa Ana provider of Internet-based computer services, said Tuesday it signed a one-year extension of its $20-million equity financing agreement with Hampshire Equity Partners.
Alpha Micro already has drawn $15 million of the funds, using $8 million in September for its acquisition of Delta CompuTec Inc., a computer network services company in Rochester, N.Y., and $7 million in October for internal expansion.
Alpha Micro’s stock gained 16 cents Tuesday to close in Nasdaq market trading at $6.25.